BMW invest $240 million in Electric Car

BMW Invests $240 Million to Build a Better Battery Pack

Twenty-five years into the new decade BMW plans on having 12 new all-electric vehicles on the market. An EV version of the BMW Mini should be in showrooms within two years. This new line of EVs will utilize the company’s fifth-generation electric drivetrain.

To supply power for that drivetrain, BMW is spending $240 million to develop and improve electric vehicle battery technology. The BMW Group Battery Cell Competence Centre will be built in Munich. The stated goal of the plant’s 200 employees will be to “advance battery cell technology and introduce it into production processes.”

In developing its power sources BMW will take into account climatic extremes and charging characteristics. The development of new battery technology will entail experimenting with different materials. Cell configuration and technology will also be studied.

“Beamer” seems confident that the power sources the new facility produces will perform better than previous generations of batteries. If the company’s goal comes to fruition the latest generation of batteries will hold enough juice to cover 430 miles between recharges.

The company is also working to eliminate “rare earth metals” like dysprosium and samarium, from its electric motors. The new factory is BMW’s most significant investment in battery pack development to date.

Carl Michael captivated with the gleaming catches inside his awesome uncle's Buick Electra, it didn't take him long to get snared on the auto culture; both in the city and in hustling. Carl has worked for a noteworthy oil organization as a business agent covering a region of 40 corner stores. A while later, he turned into an escort to high positioning legislators and government authorities. Through happy stories, he investigates the connection amongst Driver and Machine. When he is not caught up with expounding on autos, he appreciates driving his 1997 Lincoln Mark VIII LSC or his 2001 Ford F150 7700.